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SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

AutoStar Taps KISS Concepts Group to Promote Latest Software Package

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BHPH Report Staff
A well-established service provider in the buy-here, pay-here market formed a new strategic alliance with a start-up consulting agency with the aim of helping operators nationwide. Dealership software provider AutoStar Solutions forged a relationship this week with KISS Concepts Group ... [Read More]

NIADA’s Effort to Stop Oregon Bill Succeeds

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BHPH Report Staff
The concentrated effort by the National Independent Automobile Dealers Association and its allies in Oregon paid immediate dividends. Less than a week after NIADA shared an update about a proposal in the Oregon legislature aimed at placing severe restrictions on ... [Read More]

Q1 Bankruptcy Filings Fall 15%

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BHPH Report Staff
While also giving a projection of how many total filings there might be this year, the American Bankruptcy Institute reported total U.S. bankruptcy filings fell 15 percent in the first quarter compared to the same span last year. According to ... [Read More]

Oregon Bill Aims to Add 8 Requirements of BHPH Dealers

oregon senate for BHPH
BHPH Report Staff
The National Independent Automobile Dealers Association is organizing its own resources along with colleagues from Oregon’s independent dealer association in an effort to prevent a bill from becoming law in the Beaver State that could radically alter how buy-here, pay-here ... [Read More]

Industry Veteran Establishes Service Agency with Footprint Already Covering 12 States

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BHPH Report Staff
A name familiar to the automotive industry, especially the buy-here, pay-here segment, resurfaced this week as Rod Heasley established a consulting agency to service independent agents specializing in both prime and subprime financing. Heasley, who has 37 years of industry ... [Read More]

Big Apple Regulator Out to Halt ‘Predatory’ Auto Loans

julie menin for bhph
BHPH Report Staff
The New York City Department of Consumer Affairs didn’t come right out and say its new initiative is targeted against the plight of buy-here, pay-here dealers in the Big Apple, but the regulator’s descriptive words such as “predatory” in explaining ... [Read More]

Wayne Reaves Enhances BHPH Platform with CarStory Integration

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BHPH Report Staff
Buy-here, pay-here dealers who use Wayne Reaves software now can take advantage of what is offered by CarStory, a provider of crowdsourced data and analytics on used-vehicle pricing and preferences. This week, Wayne Reaves integrated CarStory Market Reports into its ... [Read More]

February Bankruptcy Filings Soften by 13%

bankruptcy
BHPH Report Staff
Buy-here, pay-here dealers might be seeing a smaller pool of potential customers who just filed for bankruptcy. The American Bankruptcy Institute cited data provided by Epiq Systems that showed total U.S. bankruptcy filings decreased 13 percent in February from the ... [Read More]

Accounting Experts Share Tax Time Strategies

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Nick Zulovich, Editor
McGladrey tax director Scott Ruby understands many buy-here, pay-here dealerships are small family operations without a squadron of certified public accountants on staff that watches every move the IRS makes. However, Ruby suggested that BHPH operators spend a fair amount ... [Read More]

Car-Mart Continues To Finalize Major Operational Changes

car-mart pic for BHPH
Nick Zulovich, Editor
America’s Car-Mart not only shared athe financial results from the third quarter of its 2015 fiscal year, but the buy-here, pay-here dealership chain also offered an update on two significant operational changes the company is in the process of finalizing. ... [Read More]

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